Sun. Oct 25th, 2020

J.K.V.B. Properties Pvt. Ltd. vs Acit, Circle 13 (2) on 18 September, 2020

1 min read

1. The petition has been listed before this Bench by the Registry in view
of the urgency expressed therein. The same has been heard by way of video
conferencing.
2. Present writ petition has been filed seeking refund of Rs.3,52,620/- as
determined under Section 143(1) of the Income Tax Act, 1961 (hereinafter
referred to as the ‘Act’) along with interest @ 9% per annum for alleged
delay in releasing the refund from 01st April, 2011 till the date of payment.
3. In the petition, it has been averred that the petitioner had filed its
return of income for the assessment year 2011-12 claiming refund of

W.P. (C) 6610/2020 Page 1 of 3
Rs.3,52,620/-. He states that after processing the return, the respondent
under Section 143(1) determined the refund amount as Rs.2,80,730/- vide
order dated 08th November, 2012.

Source: Indian Kanoon

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